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First Trust Smith Unconstrained Bond ETF

184 hedge funds and large institutions have $1.2B invested in First Trust Smith Unconstrained Bond ETF in 2023 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 89 increasing their positions, 59 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

51% more repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 59

16% more funds holding in top 10

Funds holding in top 10: 1922 (+3)

13% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 23

0% more funds holding

Funds holding: 184184 (0)

2.67% less ownership

Funds ownership: 85.5%82.83% (-2.7%)

19% less capital invested

Capital invested by funds: $1.48B → $1.2B (-$274M)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $321K

Holders
184
Holders Change
Holders Change %
0%
% of All Funds
2.89%
Holding in Top 10
22
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+15.79%
% of All Funds
0.35%
New
26
Increased
89
Reduced
59
Closed
23
Calls
Puts
$321K
Net Calls
-$321K
Net Calls Change
-$321K
Name Holding Trade Value Shares
Change
Change in
Stake
Citadel Advisors
51
Citadel Advisors
Florida
$5.7M +$5.41M +222,221 +1,614%
WWM
52
Western Wealth Management
Colorado
$5.45M +$1.38M +56,879 +34%
Stifel Financial
53
Stifel Financial
Missouri
$5.43M +$477K +19,588 +10%
Janney Montgomery Scott
54
Janney Montgomery Scott
Pennsylvania
$5.4M -$1.21M -49,846 -18%
MAM
55
Madison Asset Management
Wisconsin
$5.32M -$97.2K -3,993 -2%
MG
56
Mather Group
Illinois
$5.31M +$315K +12,952 +6%
TWM
57
Tolleson Wealth Management
Texas
$5.23M -$974K -40,004 -16%
MA
58
Mutual Advisors
Nebraska
$5.22M +$109K +4,462 +2%
EWA
59
Etesian Wealth Advisors
Oregon
$4.95M +$874K +35,918 +21%
FF
60
Financial Futures
New Jersey
$4.89M +$1.98M +81,428 +67%
M1FG
61
Mach-1 Financial Group
Arkansas
$4.88M -$170K -6,969 -3%
BFG
62
Bleakley Financial Group
New Jersey
$4.75M +$401K +16,484 +9%
SS
63
Simplicity Solutions
Minnesota
$4.75M +$401K +16,484 +9%
XF
64
XML Financial
Maryland
$4.69M +$4.73M +194,132 New
ECA
65
Elevated Capital Advisors
Utah
$4.68M +$463K +19,036 +11%
GWM
66
Geneos Wealth Management
Colorado
$4.43M +$136K +5,590 +3%
First Trust Advisors
67
First Trust Advisors
Illinois
$4M -$9.26M -380,442 -70%
OCFG
68
O'Connor Financial Group
Illinois
$3.91M +$324K +13,311 +9%
BFA
69
BMS Financial Advisors
South Dakota
$3.9M +$3.93M +161,493 New
Baird Financial Group
70
Baird Financial Group
Wisconsin
$3.56M -$22.3K -916 -0.6%
EIG
71
Ellenbecker Investment Group
Wisconsin
$3.49M +$330K +13,572 +10%
CAC
72
Certified Advisory Corp
Florida
$3.35M +$390K +16,009 +13%
BAWC
73
Boyce & Associates Wealth Consulting
Texas
$3.34M +$1.01M +41,293 +43%
OC
74
Oppenheimer & Co
New York
$3.27M +$1.53M +62,775 +87%
Susquehanna International Group
75
Susquehanna International Group
Pennsylvania
$3.14M +$2.52M +103,636 +396%

UCON Hedge Fund Activity: Q2 2023 in Review

184 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Smith Unconstrained Bond ETF (UCON) for Q2 2023, worth a combined $1.2B — down 19% from $1.48B a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new UCON positions and 23 closed out — a net gain of 3 holders — while 89 added to existing stakes and 59 trimmed.

The largest buyer was Integrated Wealth Concepts, opening a new position worth an estimated $17.7M. The largest seller was Morgan Stanley, cutting an estimated $38.9M.

  • 184 institutional investors held First Trust Smith Unconstrained Bond ETF (UCON) as of Q2 2023, unchanged from Q1 2023.
  • Funds reported $1.2B of First Trust Smith Unconstrained Bond ETF stock for Q2 2023, down 19% quarter-over-quarter.
  • 26 funds opened new First Trust Smith Unconstrained Bond ETF positions in Q2 2023 and 23 closed out, a net change of +3 holders.
  • The largest First Trust Smith Unconstrained Bond ETF buyer in Q2 2023 was Integrated Wealth Concepts, an estimated $17.7M added.
  • The largest First Trust Smith Unconstrained Bond ETF seller in Q2 2023 was Morgan Stanley, an estimated $38.9M sold.

Based on aggregated 13F filings for Q2 2023.